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[TECHNOLOGY] · Finland · 15 sources

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Google to invest 13 billion euros in Finland for AI infrastructure

Google has announced a historic investment of at least 13 billion euros in Finland, scheduled for 2027 and 2028. This represents the company’s largest single financial commitment in Europe, aimed at expanding its artificial intelligence (AI) infrastructure and data center capacity.

The expansion will include the construction of new data centers in Kajaani, Muhos, and Vaala, as well as the expansion of an existing facility in Hamina. To support the massive energy requirements of these AI workloads, Google has signed a 22-year power purchase agreement with the Finnish energy company Fortum. Under this deal, Google will purchase up to 50% of the electricity produced by the Loviisa nuclear power plant, helping to extend the plant's operational life until 2050.

Economically, the initiative is expected to inject an average of 3.6 billion euros annually into Finland's GDP and support more than 37,000 jobs nationwide. The project leverages Finland's cold climate to reduce cooling costs and its stable supply of renewable and nuclear energy to meet the growing demands of AI services like Gemini, Search, and Maps.

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Alphabet · Finland · Fortum · Google · Loviisa nuclear power plant · Petteri Orpo · Ruth Porat

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